Terra Balcanica Resources Corp. is pleased to announce further assay results from the Phase III drill campaign at the Cumavici Ridge and Brezani targets within its principal Viogor-Zanik project in Bosnia and Herzegovina. Highlights The Brezani drillhole BRE25001A returned 0.43 g/t Au over 55 m from 12 m below surface thus extending gold mineralization to 170 m along strike in the N-S direction. Additional intercepts [...]
Terra Balcanica Resources Corp. is pleased to announce initial high-grade assay results from the Phase III drill campaign at Cumavici Ridge epithermal vein zone within its principal Viogor-Zanik project in Bosnia and Herzegovina. Highlights Drillhole CMV25001 intersected 102g/t Ag Eq. over 2.55 m within a broader zone of 64 g/t Ag Eq. over 4.7 m from 66m and including 0.4 m wide epithermal mineralized zone with 453 g/t Ag [...]
Terra Balcanica Resources Corp. is pleased to announce that its Board of Directors has approved, in principle, a corporate reorganization whereby the Company plans to spin out its Canadian uranium assets into a wholly-owned subsidiary, Terra North Resources Corp. . The proposed spin-out transaction is expected to include the following steps: Terra will transfer its 591 km2 Saskatchewan uranium portfolio, including the [...]
Terra Balcanica Resources Corp. is pleased to announce the completion of the 1st stage of its 2,100 m Phase III drilling program at the Brezani and Chumavichi targets within its polymetallic Viogor-Zanik project in Bosnia and Herzegovina. Highlights Approximately 1,200 m of oriented, diamond core drilling was conducted at the Brezani and Chumavichi targets within Terra's 168 km2 project in eastern Bosnia; Drillholes [...]
Terra Balcanica Resources is pleased to announce an expansion of the surface gold skarn system at Brezani and the start of the Phase III drill program at its Viogor-Zanik project. The Brezani drillhole BRE23001 located 125 m SSW of the maiden Brezani drillhole intercepted 0.27 g/t Au over 72.3 m including 0.62 g/t Au over 7.5 m. Additionally, two antimony veined zones, 1.5 and 0.5 m wide were intersected, respectively [...]
Terra Balcanica Resources is pleased to announce the closing of the second and final tranche of its non-brokered, listed issuer financing exemption private placement for gross proceeds of C$302,581 through the issuance of 3,025,809 units at a purchase price of C$0.10 per Unit. Each Unit is comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant. Each Warrant is [...]
Terra Balcanica Resources is pleased to announce that its common shares have begun trading on the OTCQB marketplace under the symbol "TEBAF". The Company's common shares will continue to trade on the CSE under the symbol TERA as well as the Frankfurt Stock Exchange under the symbol UB10. The Company expects that the listing on the OTC will provide greater visibility and convenience of trading for critical resource-savvy [...]
Terra Balcanica Resources Corp. is pleased to announce the closing of the first tranche of its non-brokered, listed issuer financing exemption private placement for gross proceeds of C$814,914 through the issuance of 8,149,141 units at a purchase price of C$0.10 per Unit. Each Unit is comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each Warrant is exercisable [...]
Terra Balcanica Resources Corp. welcomes the acquisition of Adriatic Metals by the Canadian Dundee Precious Metals in a cash-and-stock deal valued at C$1.3 billion . This development highlights the unique geological and jurisdictional potential of Bosnia and Herzegovina where Terra is advancing its Viogor-Zanik polymetallic project expected to see the Phase III drilling campaign start in the next two weeks. Dr. Aleksandar [...]
Terra Balcanica Resources Corp. is pleased to highlight the polymetallic potential of its Viogor-Zanik project in Bosnia in anticipation of the Phase III drilling campaign. After 2,200 m of diamond drilling completed at Chumavichi, high grade Ag-Sb-Pb-Zn-Au mineralizations have been confirmed at three targets spanning 2 km of strike along a shallow, fault-hosted, intermediate sulfidation, polymetallic vein system . At the [...]
Terra Balcanica Resources Corp. announces that it is extending the closing of it non-brokered, listed issuer financing exemption private placement for minimum gross proceeds of C$750,000, and maximum gross proceeds of up to C$1,117,495 through the issuance of up to 11,174,950 units at a purchase price of C$0.10 per Unit. Each Unit will be comprised of one common share in the capital of the Company and one-half of one [...]
Terra Balcanica Resources Corp. is pleased to announce that it intends to complete a non-brokered, listed issuer financing exemption private placement for minimum gross proceeds of C$750,000, and maximum gross proceeds of up to C$1,117,495 through the issuance of up to 11,174,950 units at a purchase price of C$0.10 per Unit. Each Unit will be comprised of one common share in the capital of the Company and one-half of one [...]
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